News
World Bank prepared to guarantee up to $2 billion in loans for Argentina
1+ day, 1+ hour ago (375+ words) Buenos Aires, Argentina " The World Bank announced on Thursday that it is preparing to back up to US$2 billion worth of loans in order to help Argentina refinance its debt at a lower cost. The loans " which Argentina is negotiating…...
Milei bets on U. S. investment amid economic pressures
5+ mon, 4+ day ago (1365+ words) Buenos Aires, Argentina " Argentina and the United States have announced the framework for a new trade agreement between the two countries, in the latest development of an increasingly close relationship. According to a White House statement, the "Framework for an…...
A monetary apartheid? : Informal value of the Cuban peso plummets against the dollar
8+ mon, 5+ day ago (598+ words) The value of the Cuban peso in the country's informal market has plummeted to record lows amidst the increased dollarization of the Cuban economy; 400 Cuban pesos are now worth $1 USD." Miami-based outlet El Toque, an independent Cuba-focused multimedia platform, has…...
Argentina's economy sees year-on-year growth following Milei's controversial austerity measures
9+ mon, 1+ week ago (442+ words) Medell'n, Colombia " Argentina's economy recorded a surge of 7. 7% in April 2025 compared to the same month last year, outperforming projected growth rates for the Latin American nation." Since the second half of 2024, the country has continued to emerge from its recession....
How much for an empanada? Inflation far from over in Javier Milei's Argentina
10+ mon, 3+ week ago (680+ words) Buenos Aires, Argentina " Empanadas are a staple of Argentine cuisine. Every region has its version and most families have a secret recipe. They can be served both as quick, cheap, street food, or as an entr'e in Michelin-starred restaurants." Now,…...